I've built up some experience completing flips and buying rental units on my own – and now would like to start bringing some other investors into the fold to secure deals on a more consistent basis.

My sister can possibly secure a personal loan at low interest. 

If the seller is an owner occupant, he may have an LTV much higher than any investor can obtainThe main benefits to a seller is that the transaction is quicker than a buyer obtaining new financing, and that he may get a higher price because the buyer does not have fees associated with obtaining a new loan and the buyer may pay more for greater leverage or pay more if he can’t qualify for a loanThe downside to both is primarily that the buyers equity can be wiped out if the note holder accelerates the note, further the seller now has liability on a note secured by a property he does not own.

I secured financing using an owner occupied fifteen percent down loan.

The city and business community keeps finding grants to invest in this area.

I noticed the seller provided documentation that none of the units put down a security deposit so that raised some red flags.

There will be ups and downs (like the AirBnB property in Costa Rica where that woman was murdered and they arrested the security guard) but by and large I think it is here to stay.

I believe there are programs and grants available for first time home buyers as well.Will anyone please shed some more light.

These remedies are granted by courts only if the facts of the case indicate that injustice would otherwise result.

Rental income is shown on sch.E which is not subject to social security taxes (like FICA) but all the other taxes.When you're renting property vs owning, you can't depreciate it but your rent payments are totally tax deductible (vs only interest on mortgage is).Insurance: you'll have to get Tenant or renter insurance which protects the property and your liability if someone slips and falls, set building on fire etc. this is not your professional insurance - just regular insurance you have for your home.I don't see how kind of entity will affect the taxes: if it's just you the owner, LLC will be disregarded entity and shown on your own taxes, only on different schedules.